17,756 Invesco PHLX Semiconductor ETF $SOXQ Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC decreased its position in shares of Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) by 87.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,645 shares of the company’s stock after selling 17,756 shares during the period. Sowell Financial Services LLC’s holdings in Invesco PHLX Semiconductor ETF were worth $263,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Continuum Advisory LLC purchased a new stake in shares of Invesco PHLX Semiconductor ETF in the second quarter worth about $34,000. Triumph Capital Management bought a new position in Invesco PHLX Semiconductor ETF during the third quarter valued at approximately $44,000. Roble Belko & Company Inc purchased a new position in Invesco PHLX Semiconductor ETF during the 2nd quarter valued at approximately $70,000. Global Assets Advisory LLC purchased a new position in Invesco PHLX Semiconductor ETF during the 1st quarter valued at approximately $39,000. Finally, GK Wealth Management LLC purchased a new position in Invesco PHLX Semiconductor ETF during the 3rd quarter valued at approximately $68,000.

Invesco PHLX Semiconductor ETF Price Performance

NASDAQ:SOXQ opened at $90.39 on Wednesday. Invesco PHLX Semiconductor ETF has a 1 year low of $48.51 and a 1 year high of $115.34. The stock’s 50 day simple moving average is $93.67 and its two-hundred day simple moving average is $84.17. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 34.20 and a beta of 1.79.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.0845 per share. The ex-dividend date was Monday, September 21st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.4%. This is an increase from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.0773.

Invesco PHLX Semiconductor ETF Profile

The Invesco PHLX Semiconductor ETF (SOXQ) is an exchange-traded fund that is based on the PHLX / Semiconductor index, a modified market-cap-weighted index of 30 US-listed semiconductor companies. SOXQ was launched on Jun 11, 2021 and is managed by Invesco.